This presentation will explore the latest trends in ownership transition and help firms avoid common pitfalls that can derail efforts to achieve a successful transition of both ownership and leadership—from waiting too long to develop a plan to selecting the wrong candidates for ownership. The speakers will illustrate creative ways in which senior principals may further enhance the value of the transitioning process using appropriate succession mechanisms, including management buyouts, ESOPs, M&A or a combination of strategies.

TAKEAWAYS:

• How to design and implement an ownership transition program that best fits your firm’s values and culture.
• How to determine the value of your firm and maximize its worth.
• Ways to establish clear performance criteria for owners and candidates and choose the appropriate transfer mechanisms.